America First Investment Advisors LLC boosted its position in Diageo PLC (NYSE:DEO) by 2.1% during the second quarter, Holdings Channel reports. The firm owned 95,613 shares of the company’s stock after buying an additional 1,982 shares during the period. Diageo PLC makes up approximately 4.3% of America First Investment Advisors LLC’s holdings, making the stock its 17th largest position. America First Investment Advisors LLC’s holdings in Diageo PLC were worth $11,457,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in DEO. YorkBridge Wealth Partners LLC boosted its position in Diageo PLC by 297.6% in the first quarter. YorkBridge Wealth Partners LLC now owns 986 shares of the company’s stock valued at $116,000 after buying an additional 738 shares during the last quarter. Harbour Capital Advisors LLC bought a new position in Diageo PLC during the first quarter valued at $118,000. Glassman Wealth Services boosted its position in Diageo PLC by 116.8% in the first quarter. Glassman Wealth Services now owns 1,071 shares of the company’s stock valued at $124,000 after buying an additional 577 shares during the last quarter. Tradewinds Capital Management LLC boosted its position in Diageo PLC by 8.5% in the first quarter. Tradewinds Capital Management LLC now owns 1,176 shares of the company’s stock valued at $136,000 after buying an additional 92 shares during the last quarter. Finally, Mark Sheptoff Financial Planning LLC bought a new position in Diageo PLC during the first quarter valued at $139,000. 12.10% of the stock is owned by hedge funds and other institutional investors.
Shares of Diageo PLC (NYSE:DEO) traded up 0.71% during midday trading on Monday, reaching $119.13. 240,525 shares of the company were exchanged. The firm has a 50-day moving average of $121.06 and a 200 day moving average of $114.44. Diageo PLC has a 52 week low of $99.46 and a 52 week high of $123.48. The firm has a market capitalization of $74.78 billion, a P/E ratio of 24.53 and a beta of 0.74.
Several equities analysts recently weighed in on the stock. Jefferies Group LLC set a $142.00 target price on shares of Diageo PLC and gave the company a “buy” rating in a research note on Saturday, June 17th. BidaskClub lowered shares of Diageo PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 9th. Citigroup Inc. lowered shares of Diageo PLC from a “buy” rating to a “neutral” rating in a research report on Thursday, May 25th. Societe Generale upgraded shares of Diageo PLC from a “hold” rating to a “buy” rating in a research report on Monday, June 26th. Finally, Zacks Investment Research lowered shares of Diageo PLC from a “hold” rating to a “sell” rating in a research report on Thursday, April 6th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $136.00.
About Diageo PLC
Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.
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